SVM 3.74% 51.5¢ sovereign metals limited

Insto's do not arrive in large until de-risking achieved...

  1. 6,113 Posts.
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    Insto's do not arrive in large until de-risking achieved (permits - approvals and finance to mention a few - Lassenden curve) - volumes will be interesting though next week.

    Strange to have trading halt for an MRE not a JORC but happy days as they pump the announcements prior to CR. Looking for opportunity to sell a few at 70c range - Then reload on the CR price which usually sees SP fall back to the 15% discount offered.

    Another MM%RT article. 3 companies mentioned for DA's - no SVM as they are some ways off but getting in early with ML and EA is a good plan.
    More approvals and MRE/JORC adds more value for a suitor sale or securing finance to develop at later stage.
 
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Last
51.5¢
Change
-0.020(3.74%)
Mkt cap ! $289.9M
Open High Low Value Volume
53.0¢ 53.0¢ 51.5¢ $241.7K 460.2K

Buyers (Bids)

No. Vol. Price($)
4 126880 51.5¢
 

Sellers (Offers)

Price($) Vol. No.
52.5¢ 13400 1
View Market Depth
Last trade - 15.56pm 13/05/2024 (20 minute delay) ?
Last
51.5¢
  Change
-0.020 ( 2.20 %)
Open High Low Volume
52.0¢ 53.0¢ 51.5¢ 64804
Last updated 15.34pm 13/05/2024 ?
SVM (ASX) Chart
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